Entertainment industry executive Roger Birnbaum and his wife, Pamela, have sold their Beverly Hills home for $13 million. Built in 2006, the nearly 7,200-square-foot contemporary farmhouse was a project of former talent manager and high-end remodeler Sandy Gallin. The Birnbaums bought the house in 2007 for $16.5 million. The four-bedroom, five-bathroom house sits behind gates on close to a half-acre with a swimming pool and gardens. The two-story living room has sliding glass doors that open to a covered veranda and outdoor fireplace.

Entertainment industry executive Roger Birnbaum and his wife, Pamela, have sold their Beverly Hills home for $13 million. Built in 2006, the nearly 7,200-square-foot contemporary farmhouse was a project of former talent manager and high-end remodeler Sandy Gallin. The Birnbaums bought the house in 2007 for $16.5 million. The four-bedroom, five-bathroom house sits behind gates on close to a half-acre with a swimming pool and gardens. The two-story living room has sliding glass doors that open to a covered veranda and outdoor fireplace.

After the coffee. Before canceling Facebook just so they fall under 1 billion users. The Skinny: The Rock and Roll Hall of Fame nominations came out and while I have nothing but love for Donna Summer, was she really rock 'n' roll? Thursday's headlines include a shake-up at MGM, Redbox wants to sell tickets along with renting movies and 20th Century Fox is hoping "Taken 2" can deliver the goods. Daily Dose: Fox, which has the rights to the World Series this year, will probably be rooting for the Yankees to represent the American League since New York is the biggest market and the rest of the country either loves or hates the Bronx Bombers.

The reconstituted Metro-Goldwyn-Mayer Inc. has found the distribution partners it needs to restart business. The independent studio, which emerged from bankruptcy in December, is on the verge of announcing a renewal of its agreement for 20th Century Fox to release its films worldwide on DVD through 2016. The extended arrangement also for the first time gives Fox the right to sell MGM titles on digital platforms such as Apple Inc.'s iTunes. On Wednesday, MGM signed a deal with Sony Pictures to co-finance and distribute in theaters around the world the next two "James Bond" sequels and potentially future pictures.

Marking an end to a torturous yearlong reorganization process, Metro-Goldwyn-Mayer announced Thursday a plan that would see more than $4 billion in debt wiped out and the chief executives of film production company Spyglass Entertainment take over management. The plan, which still has to be approved by nearly 100 creditors, calls for the faded Hollywood studio to be shrunk into a production company releasing about half a dozen pictures annually and run by Spyglass co-chiefs Gary Barber and Roger Birnbaum.

Metro-Goldwyn-Mayer has taken back full control of its legendary film label United Artists, is booking a loss on its recent release "The Girl With the Dragon Tattoo" and has added a top TV executive to its board of directors, the independent studio revealed in financial filings this week. Formed in 1919 by film luminaries including Charlie Chaplin and Mary Pickford, UA became part of MGM in 1981. In 2006, UA became a joint venture between MGM and Tom Cruise and his producing partner Paula Wagner, who together got 30% of the company.

After the coffee. Before canceling Facebook just so they fall under 1 billion users. The Skinny: The Rock and Roll Hall of Fame nominations came out and while I have nothing but love for Donna Summer, was she really rock 'n' roll? Thursday's headlines include a shake-up at MGM, Redbox wants to sell tickets along with renting movies and 20th Century Fox is hoping "Taken 2" can deliver the goods. Daily Dose: Fox, which has the rights to the World Series this year, will probably be rooting for the Yankees to represent the American League since New York is the biggest market and the rest of the country either loves or hates the Bronx Bombers.

Robin of Locksley may be one of the Western world's most enduring heroes, and post-Reagan America may be the ideal audience for a story about an outlaw who robs from the rich and gives to the poor. But will American moviegoers sit still through three different Robin Hoods next summer? Probably not.

With an initial public stock offering expected by the end of the year, the historic film studio Metro-Goldwyn-Mayer's executive ranks were shaken Wednesday by the surprise resignation of co-chief executive Roger Birnbaum. The departure leaves Birnbaum's longtime partner Gary Barber as sole CEO of the Beverly Hills company, home of the upcoming James Bond film "Skyfall" and "Lord of the Rings" prequel "The Hobbit: An Unexpected Journey. " Birnbaum and Barber have been partners since 1998, when they co-founded the film finance and production company Spyglass Entertainment.

With an initial public stock offering expected by the end of the year, the historic film studio Metro-Goldwyn-Mayer's executive ranks were shaken Wednesday by the surprise resignation of co-chief executive Roger Birnbaum. The departure leaves Birnbaum's longtime partner Gary Barber as sole CEO of the Beverly Hills company, home of the upcoming James Bond film "Skyfall" and "Lord of the Rings" prequel "The Hobbit: An Unexpected Journey. " Birnbaum and Barber have been partners since 1998, when they co-founded the film finance and production company Spyglass Entertainment.

In a surprise move coming less than two years after Roger Birnbaum was appointed co-chairman and co-CEO of MGM, the executive is seguing into an exclusive producing deal with the studio, the company announced Wednesday morning. Birnbaum's longtime producing partner and current MGM co-chairman Gary Barber will become the sole chairman and CEO. Birnbaum, who has a long history as a producer in Hollywood, will remain at his MGM offices producing...

Metro-Goldwyn-Mayer has taken back full control of its legendary film label United Artists, is booking a loss on its recent release "The Girl With the Dragon Tattoo" and has added a top TV executive to its board of directors, the independent studio revealed in financial filings this week. Formed in 1919 by film luminaries including Charlie Chaplin and Mary Pickford, UA became part of MGM in 1981. In 2006, UA became a joint venture between MGM and Tom Cruise and his producing partner Paula Wagner, who together got 30% of the company.

Entertainment industry executive Roger Birnbaum and his wife, Pamela, have put their Beverly Hills home up for sale at $15.75 million. Completed five years ago, the nearly 7,200-square-foot contemporary farmhouse was a project of former talent manager and high-end remodeler Sandy Gallin. The Birnbaums bought the house from him in 2007 for $16.5 million. The four-bedroom, five-bathroom house sits behind gates on close to a half acre with a swimming pool and gardens. The two-story living room has sliding-glass doors that open to a veranda.

The reconstituted Metro-Goldwyn-Mayer Inc. has found the distribution partners it needs to restart business. The independent studio, which emerged from bankruptcy in December, is on the verge of announcing a renewal of its agreement for 20th Century Fox to release its films worldwide on DVD through 2016. The extended arrangement also for the first time gives Fox the right to sell MGM titles on digital platforms such as Apple Inc.'s iTunes. On Wednesday, MGM signed a deal with Sony Pictures to co-finance and distribute in theaters around the world the next two "James Bond" sequels and potentially future pictures.

After 18 months of turmoil and uncertainty, MGM has gotten a green light to start anew. A New York federal bankruptcy judge on Thursday confirmed the "prepackaged" plan by creditors to wipe out about $5 billion in debt, clearing the way for the 86-year-old entertainment company to focus its efforts on producing and releasing movies and television shows. With Thursday's ruling that the plan meets the requirements of the U.S. Bankruptcy Code, no legal obstacles remain for MGM to relaunch under Spyglass Entertainment founders Gary Barber and Roger Birnbaum.

In a surprise move coming less than two years after Roger Birnbaum was appointed co-chairman and co-CEO of MGM, the executive is seguing into an exclusive producing deal with the studio, the company announced Wednesday morning. Birnbaum's longtime producing partner and current MGM co-chairman Gary Barber will become the sole chairman and CEO. Birnbaum, who has a long history as a producer in Hollywood, will remain at his MGM offices producing...

Marking an end to a torturous yearlong reorganization process, Metro-Goldwyn-Mayer announced Thursday a plan that would see more than $4 billion in debt wiped out and the chief executives of film production company Spyglass Entertainment take over management. The plan, which still has to be approved by nearly 100 creditors, calls for the faded Hollywood studio to be shrunk into a production company releasing about half a dozen pictures annually and run by Spyglass co-chiefs Gary Barber and Roger Birnbaum.

After several weeks of haggling over deal terms, Spyglass Entertainment is in the final stages of hammering out an agreement to take over the management of debt-ridden Metro-Goldwyn-Mayer, according to people familiar with the situation. The parties have agreed on the major deal points, including how much Spyglass founders Gary Barber and Roger Birnbaum would be compensated in management fees and equity, but a few outstanding issues need to be resolved, said one of the people, who added that an agreement would be consummated shortly.